Medacta Group (FRA:6MD) Interest Expense : €-6.8 Mil (TTM As of Dec. 2023)

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What is Medacta Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Medacta Group's interest expense for the six months ended in Dec. 2023 was € 2.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-6.8 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Medacta Group's Operating Income for the six months ended in Dec. 2023 was € 31.5 Mil. Medacta Group's Interest Expense for the six months ended in Dec. 2023 was € 2.7 Mil. Medacta Group did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Medacta Group Interest Expense Historical Data

The historical data trend for Medacta Group's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Medacta Group Interest Expense Chart

Medacta Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-3.36

-3.04

-3.44

-3.66

-6.83

Medacta Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial									1.45	-5.78	2.12	-9.51	2.68

Medacta Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-6.8 Mil.

Medacta Group (FRA:6MD) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Medacta Group's Interest Expense for the six months ended in Dec. 2023 was €2.7 Mil. Its Operating Income for the six months ended in Dec. 2023 was €31.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €146.9 Mil.

Medacta Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

The higher the ratio, the stronger the company's financial strength is.

Medacta Group (FRA:6MD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medacta Group SA (FRA:6MD) » Definitions » Interest Expense

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MOVEz:UK MOVE:Switzerland

Address

Strada Regina 34, Castel San Pietro, Ticino, CHE, 6874

Website

https://www.medacta.com

Medacta Group SA is a Switzerland based company involved in developing, manufacturing and distributing orthopaedic and neurosurgical medical devices worldwide. The company offers solutions for Hip, Knee, Shoulder and Spine.

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